News in Brief

Massive Data Volumes Driving Analytics Market

Jul 7, 2015 |

The maturing big data software market is forecast to grow almost as fast as the increasingly unwieldy data volumes it is designed to organize and analyze. London-based market researcher Ovum said this week the projected six-fold increase in the big data software market by 2019 signals the technology’s coming of age. “The experimental era of big data is coming to an end [and] organizations are formalizing their use of big data technology to realize the business value they expect to Read more…

Elon Musk Donates $7M to Harness AI

Jul 6, 2015 |

Artificial intelligence is emerging as an indispensable tool for big data analytics. Still, some high-profile critics worry about “unintended, even potentially disastrous, consequences” should AI manage to get out of control. Hence, entrepreneur Elon Musk and the Open Philanthropy Project have donated about $7 million to fund a grant program aimed at “keeping AI robust and beneficial” while ensuring the technology “does what we want.” Musk pledged $10 million for AI research after the Future of Life Institute called for Read more…

Adaptive Insights Raises $75M

Jul 1, 2015 |

Adaptive Insights, the cloud services and business intelligence startup, said this week it has secured $75 million in its latest funding round. The startup announced on Tuesday (June 30) it would use the latest cash infusion to accelerate its product roadmap along with expanding its global operations. Adaptive Insights claims 2,700 customers in 85 countries—three times greater than the customer base of other cloud corporate performance management (CPM) vendors. The startup delivers cloud-based CPM and business intelligence tools via a Read more…

Kyvos Debuts OLAP for Hadoop

Jun 30, 2015 |

Many technology pros view OLAP as a legacy technology, a holdover from the days of data warehousing that doesn’t have a place in today’s big data world. But several startups are fighting to change that perception, including Kyvos Insights, which today unveiled its OLAP-on-Hadoop solution. Twenty years ago, online analytical processing (OLAP) was the center of many enterprise data warehouse (EDW) initiatives. The technology, which is largely synonymous with the term “multi-dimensional database,” gave organizations a way to pre-index and Read more…

Consortium Makes Business Case For R Language

Jun 30, 2015 |

As more data scientists and researchers embrace the R programming language and statistical computing environment, the Linux Foundation has moved to strengthen the user community and, with it, the development of more business applications through a collaborative development initiative called the R Consortium. Founding members of the R Consortium include Alteryx, Google, Hewlett-Packard, Mango Solutions, Microsoft, Oracle, RStudio and Tibco Software, the Linux Foundation announced on Tuesday (June 30). Microsoft and RStudio were listed as “platinum” members. The open source Read more…

Zettaset Patents Data Access Approach

Jun 26, 2015 |

Big data security specialist Zettaset said it has been awarded a U.S. patent for a technique designed to boost data access and performance in distributed computing frameworks like Hadoop and NoSQL. Zettaset said this week the U.S. Patent and Trademark Office issued a patent for its DiamondLane technology on June 23. The U.S. patent covers “distributed storage medium management for heterogeneous storage media in high availability clusters” (U.S. Patent No. 9,063,939-B2). Zettaset, Mountain View, Calif., said DiamondLane could be used Read more…

Lockheed Martin, Data Vendors Team on Secure Spy Database

Jun 25, 2015 |

Geospatial intelligence is among the hottest and most data-intensive tools being used by U.S. military analysts to sweep up huge amounts of satellite and other sensor imagery. This highly classified data is often combined with other emerging intelligence sources like social media. Much of the satellite imagery is highly classified to shield prying eyes from capabilities like image resolution and operational details like spectrum frequencies being used. Hence, there is a growing need for advanced databases with multiple levels of Read more…

Ford, HP Analyze Commuting Patterns

Jun 24, 2015 |

American drivers logged a record number of miles in April, Reuters reported this week, citing U.S. government data showing that an increase in road travel over the last year is continuing. The U.S. Federal Highway Administration said Americans logged 267.9 billion miles on U.S. roads in April, the highest monthly total since 1990 and up 3.9 percent from a year earlier. With that as backdrop, Ford Motor Co. and Hewlett-Packard conducted an experiment designed to discern patterns in HP workers’ Read more…

Software AG Platform Targets Predictive Analytics

Jun 23, 2015 |

Software AG is adding high-end predictive analytics tools to its Digital Business Platform as it looks to extend the reach of the flagship analytics platform across retail, manufacturing, financial services and other industry sectors. The German software vendor said Tuesday (June 23) it has embedded Adaptive Decision and Predictive Analytics (Adapa) from San Diego-based Zementis Inc. into its Apama Streaming Analytics platform in a bid to offer enterprises a “one-stop shop” for business intelligence and analytics. Adapa is billed as Read more…

Dell Upgrades Toad Database Tools

Jun 23, 2015 |

Dell Software unveiled a series of database tool upgrades this week aimed at easing the management of data across a variety of platforms. Dell promotes its Toad database tool family as agnostic toward data and data management. The updates are designed to simplify the automation of development operations while whipping data into shape for analysis and reporting. The upgrades also are intended to provide greater flexibility in choosing a database platform. The company said the upgrades come in response to Read more…